News

Even though oil cartel Opec has agreed its first supply cut in eight years in order to boost the price of oil, any boost to the industry in Scotland is likely to be some way off, according to experts at RSM accountants.

A probe has been launched into Edinburgh-based Tesco Bank over whether it failed to heed warnings of a security flaw in its payment systems prior to them being targeted by hackers who made off with millions of pounds worth of customer deposits.

Simon Cowie accepts his award from MC Jon Culshaw. An Aberdeen accountant has won a prestigious national industry award.

John Wilde Over three quarters (76 per cent) of small and medium sized businesses (SMEs) have written off unpaid debts in the past year, according to new research by Amicus Commercial Finance.

Ewan MacDonald-Russell The Scottish Retail Consortium has renewed its calls for a lowering of business rates after it emerged that the tax revenue the Scottish Government generates each year from the large firms’ business rates supplement has soared from £14.4 million to £124.8 million over the

The level of income required to afford a socially acceptable standard of living and to participate in society is ten to thirty per cent more expensive in remote rural Scotland than elsewhere in the UK.

The Accounts Commission has criticised Falkirk Council for being “slow in grasping the nettle” of tackling major financial challenges ahead.

Chris Gauld. CEO of Spark Energy and James Milne CBE. Chairman and MD of Balmoral Group with their awards. (Picture: to Robert Perry) James Milne CBE, chairman and managing director of Balmoral Group, has been named Scotland’s ‘Entrepreneur of the Year’.

Edinburgh entrepreneurs are currently dominating news headlines; from Skyscanners £1.4 billion sale to the city being crowned British Entrepreneurial City of the Year at the Great British Entrepreneur awards.

Stephen Gibb Shepherd and Wedderburn has today announced further expansion of its Aberdeen operations through the acquisition of The Commercial Law Practice (CLP), an independent business law firm, which has provided legal services dedicated to the business community in Aberdeen and surrounding area

Aberdeen Asset Management has announced plans to merge its Aberdeen UK Tracker trust with BlackRock's BlackRock Income Strategies trust (BIST).

Scotland leads the UK with fast-growing firms creating new jobs, but time taken to reach £1 million turnover is slower than elsewhere.

Eileen Blackburn Scottish laws on insolvency have been brought together for the first time in a generation as the new Bankruptcy (Scotland) Act 2016 comes into force today.

Kenneth McEwen Henderson Loggie has strengthened its senior tax team with the appointment of Kenneth McEwen as partner based out of the accountancy firm’s Glasgow office.

Shares in Royal Bank of Scotland have dropped dramatically after new Bank of England ‘stress tests’ revealed that even eight years on from the financial crisis the still 73 per cent taxpayer-owned bank is still short of the money it needs to survive another crash.